Filing Details
- Accession Number:
- 0000921895-17-002744
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-11-21 16:24:04
- Reporting Period:
- 2017-11-17
- Accepted Time:
- 2017-11-21 16:24:04
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
890821 | Ameri Holdings Inc. | AMRH | Semiconductors & Related Devices (3674) | 954484725 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1548312 | E. Jeffrey Eberwein | 53 Forest Avenue, 1St Floor Old Greenwich CT 06870 | Yes | No | Yes | No | |
1589247 | Lone Star Value Investors Lp | 53 Forest Avenue, 1St Floor Old Greenwich CT 06870 | No | No | Yes | No | |
1589325 | Lone Star Value Investors Gp Llc | 53 Forest Avenue, 1St Floor Old Greenwich CT 06870 | No | No | Yes | No | |
1589343 | Lone Star Value Co-Invest I, Lp | 53 Forest Avenue, 1St Floor Old Greenwich CT 06870 | No | No | Yes | No | |
1589350 | Lone Star Value Management Llc | 53 Forest Avenue, 1St Floor Old Greenwich CT 06870 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2017-11-17 | 100,000 | $4.12 | 2,972,592 | No | 4 | P | Indirect | By: Lone Star Value Investors, LP |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By: Lone Star Value Investors, LP |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrant (Right to Buy) | Acquisiton | 2017-11-17 | 100,000 | $0.01 | 100,000 | $4.12 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
100,000 | 2017-11-17 | 2022-11-21 | No | 4 | P | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 27,066 | Direct | |
Common Stock | 83,308 | Indirect | By: Separately Managed Account |
Common Stock | 13,910 | Indirect | By: Lone Star Value Co-Invest I, LP |
9.00% Series A Cumulative Preferred Stock | 383,985 | Indirect | By: Lone Star Value Investors, LP |
Footnotes
- This Form 4 is filed jointly by Lone Star Value Investors, LP ("Lone Star Value Investors"), Lone Star Value Co-Invest I, LP ("Lone Star Value Co-Invest"), Lone Star Value Investors GP, LLC ("Lone Star Value GP"), Lone Star Value Management, LLC ("Lone Star Value Management") and Jeffrey E. Eberwein (collectively, the "Reporting Persons"). Mr. Eberwein is a director of the Issuer and each Reporting Person is a member of a reporting group that owns in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- Shares held in an account separately managed by Lone Star Value Management (the "Separately Managed Account I"). Lone Star Value Management, as the investment manager of the Separately Managed Account I, may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I; and Jeffrey Eberwein, as the sole member of Lone Star Value Management may be deemed to beneficially own the shares of Common Stock held in the Separately Managed Account I for purposes of Section 16. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- Securities owned directly by Lone Star Value Co-Invest. Lone Star Value GP, as the general partner of Lone Star Value Co-Invest, may be deemed the beneficial owner of the securities owned by Lone Star Value Co-Invest. Lone Star Value Management, as the investment manager of Lone Star Value Co-Invest, may be deemed the beneficial owner of the securities owned by Lone Star Value Co-Invest. Mr. Eberwein, as the sole investor and sole owner of Lone Star Value Co-Invest, the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities owned by Lone Star Value Co-Invest.
- Securities owned directly by Lone Star Value Investors. Lone Star Value GP, as the general partner of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Lone Star Value Management, as the investment manager of Lone Star Value Investors, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Mr. Eberwein, as the manager of Lone Star Value GP and sole member of Lone Star Value Management, may be deemed the beneficial owner of the securities owned by Lone Star Value Investors. Mr. Eberwein expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- The warrant gives Lone Star Value Investors the right to purchase up to 100,000 shares of common stock at an exercise price equal to $4.115 per share. The warrant will expire on November 21, 2022.